{"id":9115,"date":"2025-05-12T12:04:59","date_gmt":"2025-05-12T12:04:59","guid":{"rendered":"https:\/\/bluelightnews.com\/category\/politics\/capitol-agenda-trumps-tax-cuts-on-trial\/"},"modified":"2025-05-12T12:04:59","modified_gmt":"2025-05-12T12:04:59","slug":"capitol-agenda-trumps-tax-cuts-on-trial","status":"publish","type":"post","link":"https:\/\/bluelightnews.com\/category\/politics\/capitol-agenda-trumps-tax-cuts-on-trial\/","title":{"rendered":"Capitol agenda: Trump\u2019s tax cuts on trial"},"content":{"rendered":"<div>\n<p>House Republicans are just 30 hours away from starting their most consequential committee votes yet on President Donald Trump\u2019s \u201cbig, beautiful bill.\u201d Here\u2019s the latest on what we know as GOP leaders push to have the bill on the floor next week.<\/p>\n<p>First, for your situational awareness: After committee votes this week, GOP leaders are aiming for the Budget Committee to vote on the plan Friday morning, followed by Rules Committee consideration next Monday. The real hard deadline for Hill Republicans is August, which is <a href=\"https:\/\/www.politico.com\/news\/2025\/05\/09\/us-debt-limit-x-date-august-treasury-00340024\" target=\"_blank\">when Treasury expects<\/a> the U.S. to hit its debt limit X-date and run out of cash to pay its bills. The administration wants Congress to act on that by mid-July.<\/p>\n<p><b>MEDICAID CUTS TAKE SHAPE<\/b> \u2014 Energy and Commerce Chair Brett Guthrie late Sunday unveiled the slice of the budget reconciliation bill that his committee is set to take up Tuesday. It appears to be an attempt at striking a compromise between GOP moderates and conservative hardliners who have been at odds over how much to cut Medicaid to help pay for the bill\u2019s latest round of Trump tax cuts.<\/p>\n<p>But it could still lead to millions losing Medicaid coverage and <a href=\"https:\/\/www.politico.com\/news\/2025\/05\/11\/energy-and-commerce-unveils-its-megabill-plans-00339830\" target=\"_blank\">force states to make difficult decisions<\/a>. Guthrie is declining to cap federal funding to states that have expanded Medicaid, a proposal that moderates were wary of. But the plan would limit taxes that states levy on hospitals and providers to help finance their Medicaid programs, which could lead states to cut benefits. State officials are poised to fight back.<\/p>\n<p><b>TAX CUT QUESTIONS<\/b> \u2014 Later Monday, Ways and Means Chair Jason Smith is expected to release the full details of his plan to extend Trump\u2019s 2017 tax cuts and enact a further tax overhaul, after circulating <a href=\"https:\/\/www.politico.com\/live-updates\/2025\/05\/09\/congress\/ways-and-means-circulates-early-tax-bill-draft-00338251\" target=\"_blank\">an incomplete version<\/a> Friday night. Ahead of a markup that begins Tuesday at 2 p.m., Smith is expected to brief Republican lawmakers on the details Monday at 1 p.m.<\/p>\n<p>Right now, the bill appears to have a math problem. The draft that Ways and Means released Friday <a href=\"https:\/\/www.politico.com\/news\/2025\/05\/10\/republicans-partial-tax-plan-estimated-to-cost-5-trillion-00340347\" target=\"_blank\">has an estimated $5 trillion cost<\/a>, above the $4.5 trillion that Republicans permitted in their underlying budget framework. It\u2019s raising questions about whether the full bill will include some tax hikes. The Friday draft was also silent on a number of Trump 2.0 tax proposals.<\/p>\n<p>SALT was another glaring omission, and we\u2019re expecting further movement on that Monday. SALT Republicans who\u2019ve been clashing with leadership \u2014 and each other \u2014 over the parameters for lifting the cap on state and local deductions are meeting with Ways and Means Republicans and Speaker Mike Johnson at 10 a.m. to try to hash out a deal, according to two people familiar with the plans.<\/p>\n<p>Fill in the blanks: We\u2019re looking for details Monday on some of Trump\u2019s biggest campaign-trail tax pledges, including eliminating taxes on tips and overtime, and expensive business provisions Republicans want to restore.<\/p>\n<p><b>SNAP FIGHT <\/b>\u2014 Republicans will turbocharge the fight over the nation\u2019s largest anti-hunger program when House Agriculture releases its megabill proposal Monday. Ahead of a markup beginning Tuesday at 7:30 p.m., the text will put details behind a slew of proposals Republicans are pushing as they look to cut $230 billion in federal spending on the Supplemental Nutrition Assistance Program.<\/p>\n<p>The most contentious plan would <a href=\"https:\/\/www.politico.com\/live-updates\/2025\/05\/06\/congress\/house-republicans-snap-food-aid-00330620\" target=\"_blank\">force states to pay for a portion of benefits for the first time<\/a>, alarming GOP centrists like Reps. Don Bacon and David Valadao and state GOP leaders. West Virginia Gov. Patrick Morrisey and Alabama Commissioner of Agriculture and Industries Rick Pate are among those warning that the cost-sharing proposal would blow holes through state budgets and lead to massive reductions in services.<\/p>\n<p>Pressure\u2019s on: Families Over Billionaires, a liberal-leaning nonprofit, will hit Republicans over Medicaid cuts and tax changes that benefit the wealthy via mobile billboards circling the Capitol and House office buildings through Wednesday, the group shared first with us.<\/p>\n<p><b><i>What else we&#8217;re watching: <\/i><\/b><\/p>\n<p><b>\u2014 Trump\u2019s new pharma plan:<\/b> The president is set to sign an executive order Monday that could limit Medicare drug costs by tying them to the lower prices other nations pay. It comes after Hill Republicans balked at a similar proposal for Medicaid as an alternative to steep cuts to the program in their megabill. The pharmaceutical industry has slammed the proposals; the new executive order <a href=\"https:\/\/www.politico.com\/newsletters\/prescription-pulse\/2025\/05\/09\/most-favored-loopholes-00337467\" target=\"_blank\">could cost companies billions of dollars<\/a>.<\/p>\n<p><b>\u2014 Trump\u2019s fresh tests for Hill leaders: <\/b>Look for top lawmakers to face questions over two weekend developments that pose potential conflicts between the White House and the legislative branch. An <a href=\"https:\/\/abcnews.go.com\/Politics\/trump-administration-poised-accept-palace-sky-gift-trump\/story?id=121680511\" target=\"_blank\">ABC News report<\/a> that Qatar\u2019s royal family was poised to make a super luxury Boeing 747-8 jumbo jet available for Trump as Air Force One and for use after he leaves office is raising ethics questions on <a href=\"https:\/\/x.com\/SenSchumer\/status\/1921634213838610605\" target=\"_blank\">both sides<\/a> of <a href=\"https:\/\/x.com\/WarrenDavidson\/status\/1921628616716132474\" target=\"_blank\">the aisle<\/a>. Democrats are also hammering Trump for his firing spree at the Library of Congress, after he terminated Register of Copyrights Shira Perlmutter.<\/p>\n<p><b>\u2014 ICE detention center fallout: <\/b>DHS says arresting three Democratic lawmakers is \u201con the table\u201d after Reps. Bonnie Watson Coleman, Rob Menendez and LaMonica McIver were involved in a chaotic scene Friday outside an immigration detention center in New Jersey. Watson Coleman claims she was <a href=\"https:\/\/x.com\/RepBonnie\/status\/1920989902520340582\" target=\"_blank\">\u201cphysically shoved\u201d by an ICE agent<\/a>. House Minority Leader Hakeem Jeffries is warning the Trump administration to \u201ckeep your hands off of members of Congress.\u201d<\/p>\n<p><i>Benjamin Guggenheim, Meredith Lee Hill, David Lim and Jordan Wolman contributed to this report.<\/i><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>House Republicans are just 30 hours away from starting their most consequential committee votes yet on President Donald Trump\u2019s \u201cbig, beautiful bill.\u201d Here\u2019s the latest on what we know as GOP leaders push to have the bill on the floor next week. First, for your situational awareness: After committee votes this week, GOP leaders are [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-9115","post","type-post","status-publish","format-standard","hentry","category-congress"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/bluelightnews.com\/category\/politics\/wp-json\/wp\/v2\/posts\/9115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bluelightnews.com\/category\/politics\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bluelightnews.com\/category\/politics\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bluelightnews.com\/category\/politics\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/bluelightnews.com\/category\/politics\/wp-json\/wp\/v2\/comments?post=9115"}],"version-history":[{"count":0,"href":"https:\/\/bluelightnews.com\/category\/politics\/wp-json\/wp\/v2\/posts\/9115\/revisions"}],"wp:attachment":[{"href":"https:\/\/bluelightnews.com\/category\/politics\/wp-json\/wp\/v2\/media?parent=9115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bluelightnews.com\/category\/politics\/wp-json\/wp\/v2\/categories?post=9115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bluelightnews.com\/category\/politics\/wp-json\/wp\/v2\/tags?post=9115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}